📢 #PowellRemarks | In his latest comments, Fed Chair Jerome Powell emphasized that while inflation has eased, it remains above the Fed’s 2% target. He reiterated the need for more consistent data before considering interest rate cuts. Powell also acknowledged the strength of the labor market but cautioned against premature policy changes. Investors are closely watching for signs of a potential pivot, but the Fed remains committed to a data-driven approach. With economic uncertainty lingering, Powell’s remarks suggest a steady, cautious path forward. Stay tuned as the Fed navigates the balance between growth and inflation. #FederalReserve #Markets #InterestRates #Economy
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